New York  London  GMT  Tokyo  Singapore 
Greg Michalowski

USD/CAD Falls Below Support Area

By Greg Michalowski on June 17, 2009 | More Posts By Greg Michalowski | Forex News By FXDD

gregmike-03719

The USDCAD has dipped below the ceiling support and below the 100 bar on the 5 minute chart as well at the 1.1370 level.  Watching for follow through selling.  The move from the highs reached earlier is a disappointment, however.

gregmike-03720

If you like this article please...
Subscribe by RSS Subscribe by Email Email This Post To A Friend Email This Post To A Friend

Leave A Comment :

Name (required)
E-mail (required - never shown publicly)
URI
Subscribe to comments via email
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> in your comment.
Opinions From Our Contributors
Commodities Financials Exchange Traded Funds
Stocks Forex Economy



HEADLINES
UPCOMING EVENTS
In 2 hrs: USD Gross Domestic Product (Annualized) (3Q S)
In 2 hrs: USD Personal Consumption (3Q S)
In 2 hrs: USD Gross Domestic Product Price Index (3Q S)
In 2 hrs: USD Core Personal Consumption Expenditure (QoQ) (3Q S)
In 3 hrs: USD S&P/Case-Shiller US Home Price Index (YoY) (3Q)
Enter Your Email Address
Theme By: WordPress Theme Shop